Shipping stocks skyrocket 20%, Shipping Corporation, Eastern Shipping lead

Shipping stocks surged with Shipping Corporation of India hitting a new all-time high, and Great Eastern Shipping a 52-week high. Investors anticipate a Rs 15,000-20,000 crore Maritime Development Fund from the Union Budget. Essar Shipping surged, along with Cochin Shipyard. Multibagger returns were seen, but experts' opinions do not represent Economic Times' views.